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Highest closing price since 1 January 2018
Gold closed at $1,322.80 per troy ounce on 1 March 2018, up $7.300 (0.55%) from the previous close of $1,315.50.
Metal value only, before dealer margins and fabrication.
Twelve months earlier gold traded around $1,247.30, making this a +6.05% move year on year.
Figures in this section are shown in USD, independent of the currency selected above.
Gold closed at $1,322.80 per troy ounce on 1 March 2018. That is $7.30 higher than the previous close of $1,315.50, a move of 0.55%.
The gold price rose on 1 March 2018, gaining $7.30 (0.55%) against the previous session's close of $1,315.50.
At $1,322.80 per troy ounce, one gram of pure gold was worth about $42.53 on 1 March 2018. A troy ounce is 31.1034768 grams.
Scrap value follows purity, so on 1 March 2018 18k gold was worth about $31.90 per gram and 14k about $24.81 per gram, against $42.53 for pure 24k. These are melt values before any dealer margin.
The gold-to-silver ratio closed at about 81.5 on 1 March 2018, meaning one ounce of gold was worth roughly 81.5 ounces of silver.
A week before 1 March 2018, gold was around $1,315.50 per troy ounce, so the close of $1,322.80 is a gain of 0.6% over the week.
A month before 1 March 2018, gold was around $1,315.50 per troy ounce, so the close of $1,322.80 is a gain of 0.6% over the month.
A year before 1 March 2018, gold was around $1,247.30 per troy ounce. The close of $1,322.80 therefore represents a rise of 6.1% over twelve months.